facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New York

/

Industrial

/

Lease

/

1600 63rd Street

GLL Trading Inc. Leases Industrial Space At 1600 63rd Street For $23/ft With Maurice Amar
LEASEDIndustrial

GLL Trading Inc. Leases Industrial Space At 1600 63rd Street For $23/ft With Maurice Amar

1600 63rd Street

$11,235

$11,235/SF

Building Size

5,862 SF

Asset Type

Industrial

Closing

May 13, 2026

AI

This industrial asset, located at 1600 63rd Street in the Boro Park market, encompasses a total space of 5,862 square feet. The landlord, Sam Wiefner, has secured a lease agreement with GLL Trading Inc. for the property, under a modified gross lease arrangement. The asking rent for this space was set at $23 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $23/ft
  • Square Footage: 5,862
  • Address: 1600 63rd Street
  • Market: Boro Park
  • Landlord: Sam Wiefner
  • Tenant: GLL Trading Inc.
  • Broker: Maurice Amar - Tri State Commercial Realty
  • Lease Type: Modified Gross Lease

In this transaction, Maurice Amar from Tri State Commercial Realty acted as the broker representing the landlord, Sam Wiefner, in the leasing of the industrial space to GLL Trading Inc.

Players

Maurice Amar

Tri State Commercial Realty

Broker

8 deals

Broker

Brooklyn Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1411.93%

Cash-on-Cash

-403.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93